Recap: Reinsurance Gr Q4 Earnings
Portfolio Pulse from Benzinga Insights
Reinsurance Gr (NYSE:RGA) reported Q4 earnings with an EPS of $4.73, beating estimates by 6.05% and showing a revenue increase of $632M from the previous year. This follows a pattern of beating EPS estimates in previous quarters, with a notable share price increase of 2.18% the day after last quarter's earnings announcement.
February 01, 2024 | 9:20 pm
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Reinsurance Gr reported a strong Q4 with EPS of $4.73, surpassing estimates by 6.05% and showing significant revenue growth from the previous year.
RGA's Q4 earnings beat and consistent past performance of exceeding EPS estimates, coupled with a significant revenue increase, suggest a positive short-term impact on its stock price. Historical data indicates a share price increase following earnings beats, supporting the expectation of a positive market reaction.
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RELEVANCE 100